Associate Director of Treasury Management
The Associate Director of Treasury Management is responsible for managing the day-to-day treasury and revenue management functions of the UR – Office of Financial Management (OFM) / University of Maryland College Park Foundation (UMCPF) and related entities. He/she will also assist the Executive Director of Financial Management in managing the financial operations of the unit as well as act on behalf of the Executive Director in the Executive Director’s absence. This individual will supervise one (1) Cash Management Specialist who is responsible for daily bank and credit card deposits, assisting with the bank reconciliation process and performing other duties as assigned.
The Associate Director has oversight responsibility for incoming revenues, receivables and amounts due to UMCPF, including cash, bank draft, electronic funds transfer and stock/securities transfers. He/she is responsible for assuring the proper accounting and documentation of incoming receipts prior to completing the transactions in the financial management system in coordination with the Office of Gift Acceptance. The Associate Director will ensure that all transactions are properly coded to allow for accurate and complete financial reporting for audit purposes, internal/external financial statements, state and federal tax compliance and regulatory reporting.
The Associate Director will also work with the Executive Director on coordinating and facilitating the annual external and internal audit with internal staff and audit firm managers.
Education (include licenses, certifications, etc.):
Bachelor’s degree with a major in Business, Finance, Accounting or its substantial equivalent.
One of the following professional certifications or a candidate eligible for taking one of the following certification exams is required:
1) Certified Public Accountant
2) Certified Management Accountant
3) Certified Fraud Examiner
Minimum 7 years professional accounting experience with minimum 2 years direct supervisory experience required.
Experience in cash receipts, accounts receivable, GAAP, period-end closing procedures, Financial Statement review and preparation, audits and tax compliance.
Knowledge, Skills, and Abilities:
Knowledge of Fund Accounting, financial accounting and reporting systems, GAAPand FASB standards, federal and state tax regulations, financial reporting requirements for non-profit organizations, internal control standards and procedures, and fiduciary responsibility for Foundation officials.
Ability to work with minimal supervision.